ICSID case ARB/12/2 (Award)
ICSID · Investment (ICSID and treaty) · International (investor-state) · 10 June 1997
Why it matters
Emmis International Holding, B.V., Emmis Radio Operating, B.V., and MEM Magyar Electronic Media Kereskedelmi és Szolgáltató Kft. v. Hungary, an investment-treaty arbitration administered by ICSID (case no. ARB/12/2), in which a foreign investor brought claims against a state under an investment treaty. In the outcome, the tribunal rendered its award. For a student, it is a worked example of investor-state dispute settlement: how an ICSID tribunal weighs a state's right to regulate against the treaty protections owed to foreign investors.
Summary
Emmis International Holding, B.V., Emmis Radio Operating, B.V., and MEM Magyar Electronic Media Kereskedelmi és Szolgáltató Kft. v. Hungary: an ICSID award (ARB/12/2). In the outcome, the tribunal rendered its award. The tribunal's full reasoning is set out in the original.
The detail
Parties: Emmis International Holding, B.V., Emmis Radio Operating, B.V., and MEM Magyar Electronic Media Kereskedelmi és Szolgáltató Kft. v. Hungary
Case number: ICSID Case No. ARB/12/2
Outcome: Award in case ARB/12/2. See the original for the disposition and any quantum.
Applicable law: ICSID Convention and Arbitration Rules; the applicable investment treaty.
Issues in play: A foreign investor's treaty protections against a sovereign state's right to regulate.
Read the full decision at ICSID case database ↗
Locus Standi links to the source decision and publishes its own plain-language summary. It does not reproduce the text of the award.